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CSPAN
Jul 12, 2011 6:00am EDT
and dubbed as a big feature in this book. living by what we would call sustainable values. whatever you do, you do it in a way that will sustain. and contrast with that the new boundaries that prevail in our country, situational values. if the situation allows me to give you $8 million mortgage and -- a $1 million mortgage and you are only making $15,000 a year, no problem. neither of us will be here holding the bag. i think we have moved us a country from a generation that practice sustainable values to one practicing situational values. that is the first move. the second is what happened to our politics. michele bachmann is a paradigm of what has happened to our political system. you have a lot of political senators and congressmen who come here, and individually they are rational people. why did they behave so it rationally when they are together in one room? the only answer is, life is about incentives. the only way you can explain why they did not take up simpson-bowles is because the incentives are all wrong. move the cheese, move the mouse. these people must be responding to a chees
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